XML 252 R211.htm IDEA: XBRL DOCUMENT v3.24.0.1
Schedule II - Condensed Financial Information of Registrant - Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues                      
Investment income, less investment expense                 $ 2,478 $ 2,403 $ 3,293
Net gains (losses) on investments and derivatives                 (300) (1,072) 1,279
Total revenues $ 14,832 $ 14,497 $ 13,979 $ 13,786 $ 13,648 $ 13,208 $ 12,219 $ 12,336 57,094 51,411 50,601
Expenses                      
Interest expense                 379 335 330
Pension and other postretirement remeasurement (gains) losses                 9 116 (644)
Other operating expenses                 7,137 7,446 7,260
Total costs and expenses                 57,442 53,241 44,135
Income tax (benefit) expense                 (135) (488) 1,292
Net (loss) income attributable to Allstate                 (188) (1,289) 1,614
Preferred stock dividends                 128 105 114
Net (loss) income applicable to common shareholders, basic 1,460 (41) (1,389) (346) (303) (685) (1,040) 634 (316) (1,394) 1,500
Net (loss) income applicable to common shareholders, diluted $ 1,460 $ (41) $ (1,389) $ (346) $ (303) $ (685) $ (1,040) $ 634 (316) (1,394) 1,500
Other comprehensive income (loss), after-tax                      
Unrealized net capital gains and losses                 1,651 (2,853) (2,583)
Unrealized foreign currency translation adjustments                 67 (150) (8)
Unamortized pension and other postretirement prior service credit                 (16) (43) (59)
Discount rate for reserve for future policy benefits                 (10) 228 49
Comprehensive income (loss) attributable to Allstate                 1,494 (4,087) (984)
Allstate Corporation                      
Revenues                      
Investment income, less investment expense                 45 59 13
Net gains (losses) on investments and derivatives                 (28) (34) 12
Total revenues                 17 25 25
Expenses                      
Interest expense                 396 351 328
Pension and other postretirement remeasurement (gains) losses                 12 179 (611)
Pension and other postretirement (benefit) expense                 55 (98) (218)
Other operating expenses                 142 56 71
Total costs and expenses                 605 488 (430)
(Loss) gain from operations before income tax benefit and equity in net income of subsidiaries                 (588) (463) 455
Income tax (benefit) expense                 (143) (103) 93
(Loss) gain before equity in net income of subsidiaries                 (445) (360) 362
Equity in net income (loss) of subsidiaries                 257 (929) 1,252
Net (loss) income attributable to Allstate                 (188) (1,289) 1,614
Preferred stock dividends                 128 105 114
Net (loss) income applicable to common shareholders, basic                 (316) (1,394) 1,500
Net (loss) income applicable to common shareholders, diluted                 (316) (1,394) 1,500
Other comprehensive income (loss), after-tax                      
Unrealized net capital gains and losses                 1,651 (2,853) (2,583)
Unrealized foreign currency translation adjustments                 67 (150) (8)
Unamortized pension and other postretirement prior service credit                 (16) (43) (59)
Discount rate for reserve for future policy benefits                 (10) 228 49
Other comprehensive income (loss), after-tax                 1,692 (2,818) (2,601)
Comprehensive income (loss) attributable to Allstate                 $ 1,504 $ (4,107) $ (987)